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Record volumes were transacted on the London Metal Exchange (LME) in April 2013, with 14,517,213 lots traded. The previous record was set in November 2012, with 14,513,976 lots traded.
Aluminium saw a 14% increase in average daily volume in April 2013 compared with the corresponding month last year. Copper was up 3%, and nickel and tin both saw an increase of 15% in average daily volume. Cobalt experienced the largest growth, with April average daily volume up 120% from the corresponding month in 2012.
To date this year the LME is averaging 673,083 lots per day, up 6% from the average daily volume for the whole of 2012.
